Top 10 Project Portfolio Management Software Vendors, Market Size and Market Forecast 2020-2025

Worldwide PPM Applications Market to reach $4.88 billion by 2025, compared with $4.57 billion in 2020 at a compound annual growth rate of 1.4%.

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In 2020, the top 10 Project Portfolio Management software vendors accounted for nearly 57.2% of the global PPM applications market which grew 1.4% to approach nearly $4.57 billion in license, maintenance and subscription revenues.

Last year Oracle led the pack with a 13.7% market share riding on a 3.3% jump in PPM product revenues. In 2020, ServiceNow was #2, followed by Microsoft, Atlassian and Planview.

We ask the simple question: Who’s buying PPM applications from whom and why? And we provide the answers – supported by decades of research – to our clients around the world. (Sample from our Apps Database)

Top 10 PPM Software Vendors, Market Size and Market Forecast 2020-2025 v3
Exhibit 1 – 2020 Project Portfolio Management Applications Market Shares Split By Top 10 Project Portfolio Management Vendors and Others

Through our forecast period, the PPM applications market size is expected to reach $4.88 billion by 2025, compared with $4.57 billion in 2020 at a compound annual growth rate of 1.4%.

Exhibit 2: Worldwide PPM Software Market 2020-2025 Forecast, $M
Year202020252020-2025 CAGR, %
Total456948861.4%

Source: Apps Run The World, December 2021

Top 10 PPM Software Vendors

Project and portfolio management (PPM) applications include those that automate and optimize the initiating, planning/scheduling, allocation, monitoring, and measuring of activities and resources required to complete projects. PPM applications also cover certain aspects of IT service management especially those that involve project portfolio management within the IT domain.

Conventional project management apps are being eclipsed by Cloud-based offerings as market is buoyed by low price point and increased use of multimedia tools for virtual project teams.

Here are the rankings of the top 10 Project Portfolio Management software vendors in 2020 and their market shares.

RankVendor2019 Project Portfolio Management Apps Revenues, $M2020 Project Portfolio Management Apps Revenues, $MYoY Growth2020 Project Portfolio Management Market Share, %Recent Developments
1Oracle Subscribe Subscribe3.3% SubscribeOracle Primavera Cloud optimizes and integrates critical processes, scope, schedules, cost data, and documents across the organization. In April 2021, Oracle Construction and Engineering launched Primavera Unifier Essentials. This easy-to-use solution digitizes, standardizes, and automates capital asset planning and execution processes in one cohesive solution to improve return on investment, operational reliability, and risk management.
2ServiceNow Subscribe Subscribe2.6% SubscribeAs of December 2020, ServiceNow had approximately 6,900 enterprise customers. ServiceNow customers operate in a wide variety of industries, including government, financial services, healthcare, manufacturing, IT services, technology, oil and gas, telco, education, and consumer products.
3Microsoft Subscribe Subscribe1.8% SubscribeMicrosoft Github has helped expand its PPM reach. New features such as Github Issues boost developer project planning and productivity.
4Atlassian Subscribe Subscribe18.2% SubscribeAtlassian could not fully escape the pandemic’s impact on business, especially in April and May 2020 when many companies felt it. Atlassian saw the biggest impact from smaller businesses, which cut back, moved to a free tier, or in some cases closed their doors. For the 4Q20 Atlassian only translated into around 3000 new customers. Atlassian’s number of total customers continues to grow from 174,097 on June 30, 2020, to 236118 as of June 2021.
5Planview Subscribe Subscribe5.0% SubscribeIn February 2021, Planview acquired Clarizen and Changepoint, two enterprise Project Portfolio Management providers. The combination of Planview, Clarizen, and Changepoint creates a unique platform enabling organizations to better collaborate, deliver, and thrive in this new world of work.
6SAP Subscribe Subscribe1.8% SubscribeThe 2021 acquisition of Signavio is expected to help SAP better compete with fast-growing vendors such as ABBYY Solutions, Blue Prism, and Celonis in the process mining market as well as adjacent space like PPM.
7Wrike Subscribe Subscribe31.0% SubscribeIn December 2021, Wrike expanded its Work Intelligence features to include AI Project Risk Prediction which automatically assesses a project’s potential for success, raises red flags, and recommends adjustments to improve project planning and increase the chance of timely completion.
8monday.com Subscribe Subscribe11.2% SubscribeAs of 2021, the company serving 127,000 customers across over 200 business verticals in 190 countries.
9Upland Software Subscribe Subscribe27.7% SubscribeUpland Software has more than 10,000 customers of varying sizes, ranging from large global corporations and government agencies to medium-sized businesses.
10Asana Subscribe Subscribe20.5% SubscribeIn October 2021, Asana rolled out Enterprise Work Graph, a new suite of tools to help organizations stay on top of cross-team objectives while maintaining enterprise-grade security and controls. The new product is based on Asana’s proprietary Work Graph data model. It aligns teams around goals, coordinates workflows and provides visibility into the status of projects.
Subtotal Subscribe Subscribe7.5% Subscribe
Other Subscribe Subscribe-5.8% Subscribe
Total450745691.4%100%

Source: Apps Run The World, December 2021

Other PPM software providers included in the report are: 24SevenOffice, Access Group, ARCHIBUS, Astea International, Autodesk, Basecamp, BST Global, CA Technologies, a Broadcom Company, Changepoint, Clarizen, Computer Methods International Corp., Datto | Autotask, Deskera Singapore, Duzon Digitalware, Field Nation, IBM, IFS, Ignite Technologies, International Decision Systems, KeyedIn, KPI Software Inc, Mavenlink, Odoo, One2Team, Open Text Corporation, Planisware, ProAlpha Business Solutions, Project Objects, QuickBase, RIB Software SE, River Logic, Roper Technologies, Runrun.it, Sciforma Corporation, Smartsheet, Sopheon, SS&C Technologies, TeamDynamix, Tigernix Pte Ltd, Trimble, UNIT4, WisageTech, Workcube ERP, Workday, Yonyou, Zoho Corp., and others.

Custom data cuts related to the PPM Applications market are available:

  • Top 50+ PPM Applications Vendors and Market Forecast 2020-2025
  • 2020 PPM Applications Market By Industry (21 Verticals)
  • 2020 PPM Applications Market By Functional Market (16 Markets)
  • 2020 PPM Applications Market By Country (USA + 45 countries)
  • 2020 PPM Applications Market By Region (Americas, EMEA, APAC)
  • 2020 PPM Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2020PPM Applications Market By Customer Size (revenue, employee count, asset)
  • 2020 PPM Applications Market By Channel (Direct vs Direct)
  • 2020 PPM Applications Market By Product

Exhibit 4 shows the enterprise applications market by functional area. The highest growth functional markets revolve around smaller segments like eCommerce, Enterprise Performance Management, Sales Performance Management and Treasury and Risk, where first movers remain less established than those that for decades have been entrenched in functional areas like ERP, CRM and PLM.

Exhibit 4 - Worldwide Enterprise Applications Market Forecast 2020-2025, By Functional Market, $M
Exhibit 4 – Worldwide Enterprise Applications Market Forecast 2020-2025, By Functional Market, $M

PPM Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in Project Portfolio Management systems based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers have been studying the patterns of the latest PPM software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these customer wins and losses from public and proprietary sources.

Tresearch results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.

CustomerIndustryEmpl.RevenueCountryVendorNew ProductCategory
Cisco Systems, Inc.Professional Services77500$49.30BUnited StatesAsanaAsanaProject Portfolio Management
Augusta UniversityEducation5143$916.0MUnited StatesAsanaAsanaProject Portfolio Management
DowbuiltConstruction and Real Estate250$30.0MUnited StatesAsanaAsanaProject Portfolio Management
Handi-RampManufacturing100$15.0MUnited StatesAsanaAsanaProject Portfolio Management
BanorteBanking and Financial Services3162$5.41BMexicoAtlassianAtlassian TrelloProject Portfolio Management
Magazine LuizaRetail40000$2.60BBrazilAtlassianAtlassian TrelloProject Portfolio Management
DuratexRetail11112$1.28BBrazilAtlassianAtlassian TrelloProject Portfolio Management
Leica Biosystems incLife Sciences300$42.0MUnited KingdomAtlassianAtlassian TrelloProject Portfolio Management
C3ntro TelecomCommunications400$30.0MMexicoAtlassianAtlassian TrelloProject Portfolio Management
CIGNA CorporationHealthcare72226$160.40BUnited StatesAtlassianAtlassian JIRAProject Portfolio Management
Ford Motor CompanyAutomotive182000$127.14BUnited StatesAtlassianAtlassian JIRAProject Portfolio Management
Bristol-Myers Squibb CompanyLife Sciences30250$42.52BUnited StatesAtlassianAtlassian JIRAProject Portfolio Management
American Cancer SocietyHealthcare4000$830.0MUnited StatesChangepointChangepoint DaptivProject Portfolio Management
Katcon MexicoManufacturing350$20.0MMexicoChangepointChangepoint DaptivProject Portfolio Management
North HighlandProfessional Services2569$370.0MUnited StatesChangepointChangepoint DaptivProject Portfolio Management
SlalomProfessional Services10000$1.64BUnited StatesChangepointChangepoint DaptivProject Portfolio Management
Amazon.com, Inc.Retail1335000$386.06BUnited StatesCitrixCitrix WrikeProject Portfolio Management
Apple, Inc.Manufacturing147000$274.52BUnited StatesCitrixCitrix WrikeProject Portfolio Management
CIGNA CorporationHealthcare72226$160.40BUnited StatesCitrixCitrix WrikeProject Portfolio Management
Cargill, Incorporated.Consumer Packaged Goods150000$115.00BUnited StatesCitrixCitrix WrikeProject Portfolio Management
AccentureProfessional Services537000$48.76BIrelandCitrixCitrix WrikeProject Portfolio Management
Thermo Fisher Scientific Inc.Manufacturing100000$37.10BUnited StatesCitrixCitrix WrikeProject Portfolio Management
SuntoryConsumer Packaged Goods37745$19.20BJapanCitrixCitrix WrikeProject Portfolio Management
Booking.com USAProfessional Services17000$15.00BNetherlandsCitrixCitrix WrikeProject Portfolio Management
Cengage LearningProfessional Services4900$1.46BUnited StatesCitrixCitrix WrikeProject Portfolio Management
Lockheed Martin CorporationAerospace and Defense114000$65.40BUnited StatesMicrosoftMicrosoft Project OnlineProject Portfolio Management
Teachers Insurance and Annuity AssociationInsurance14953$41.62BUnited StatesMicrosoftMicrosoft Project OnlineProject Portfolio Management
Johnson ControlsManufacturing97000$22.32BUnited StatesMicrosoftMicrosoft Project OnlineProject Portfolio Management
Barrick GoldOil, Gas and Chemicals18421$12.60BCanadaMicrosoftMicrosoft Project OnlineProject Portfolio Management
ENGIE US WindUtilities6500$6.44BUnited StatesMicrosoftMicrosoft Project OnlineProject Portfolio Management
SNC-LavalinConstruction and Real Estate37584$5.61BCanadaMicrosoftMicrosoft Project OnlineProject Portfolio Management
Komatsu Mining Corp.Manufacturing10000$2.90BUnited StatesMicrosoftMicrosoft Project OnlineProject Portfolio Management
Coca-Cola Bottling Co. ConsolidatedConsumer Packaged Goods140000$5.01BUnited StatesMicrosoftMicrosoft Project ServerProject Portfolio Management
CORE ConstructionConstruction and Real Estate1200$900.0MUnited StatesMicrosoftMicrosoft Project ServerProject Portfolio Management
United Continental Holdings, Inc.Transportation84100$15.36BUnited StatesMicrosoftMicrosoft Project ServerProject Portfolio Management
University of California-San FranciscoEducation25800$70.70BUnited StatesOracleOracle Primavera CloudProject Portfolio Management
Arabtec Holding PJSCConstruction and Real Estate42000$5.66BUnited Arab EmiratesOracleOracle Primavera CloudProject Portfolio Management
Rentokil North America, Inc.Professional Services1000$1.04BUnited StatesOracleOracle Primavera CloudProject Portfolio Management
Garney ConstructionConstruction and Real Estate1600$1.00BUnited StatesOracleOracle Primavera CloudProject Portfolio Management
CRH Canada Group Inc.Manufacturing3000$400.0MCanadaOracleOracle Primavera CloudProject Portfolio Management
Leadec LtdManufacturing2000$250.0MUnited KingdomOracleOracle Primavera CloudProject Portfolio Management
Dufferin ConstructionConstruction and Real Estate1500$250.0MCanadaOracleOracle Primavera CloudProject Portfolio Management
Barrick GoldOil, Gas and Chemicals18421$12.60BCanadaOracleOracle Primavera P6 Enterprise Project Portfolio ManagementProject Portfolio Management
BAE SystemsAerospace and Defense31900$11.40BUnited StatesOracleOracle Primavera P6 Enterprise Project Portfolio ManagementProject Portfolio Management
Michelin GroupAutomotive112800$11.19BFranceOracleOracle Primavera P6 Enterprise Project Portfolio ManagementProject Portfolio Management
FirstEnergy Corp.Utilities12153$10.79BUnited StatesOracleOracle Primavera P6 Enterprise Project Portfolio ManagementProject Portfolio Management
Skanska USAConstruction and Real Estate8000$6.50BUnited StatesOracleOracle Primavera P6 Enterprise Project Portfolio ManagementProject Portfolio Management
Al Sahel Contracting Company L.L.CConstruction and Real Estate5400$1.57BUnited Arab EmiratesOracleOracle Aconex WorksiteProject Portfolio Management
Black & Mcdonald GroupConstruction and Real Estate1200$200.0MUnited StatesOracleOracle Aconex WorksiteProject Portfolio Management
OBRAINSAConstruction and Real Estate1500$72.0MPeruOracleOracle Aconex WorksiteProject Portfolio Management
Automatic Data Processing, Inc.Professional Services58000$15.01BUnited StatesPlanviewPlanview PPM ProProject Portfolio Management
Parkview Health SystemHealthcare14000$1.50BUnited StatesPlanviewPlanview PPM ProProject Portfolio Management
Purdue UniversityEducation17000$2.30BUnited StatesPlanviewPlanview PPM ProProject Portfolio Management
Pfizer Inc.Life Sciences78500$41.91BUnited StatesSAPSAP Portfolio and Project ManagementProject Portfolio Management
Peter Kiewit Sons’, Inc.Construction and Real Estate27000$12.50BUnited StatesSAPSAP Portfolio and Project ManagementProject Portfolio Management
Transnet SOCTransportation55946$4.89BSouth AfricaSAPSAP Portfolio and Project ManagementProject Portfolio Management
Agrifirm Group B.V.Consumer Packaged Goods3028$2.57BNetherlandsSAPSAP Portfolio and Project ManagementProject Portfolio Management
WilkoRetail20000$1.97BUnited KingdomSAPSAP Portfolio and Project ManagementProject Portfolio Management
ENDEL – ENGIEManufacturing7000$1.00BFranceSAPSAP ERP ECC 6.0 – Project System (PS)Project Portfolio Management
OBI Group Holding SE and Co.KGaARetail48000$7.28BGermanySAPSAP ERP ECC 6.0 – Project System (PS)Project Portfolio Management
Al Ahli Holding GroupLeisure and Hospitality9000$2.30BUnited Arab EmiratesSAPSAP S/4 HANA – Project System (PS)Project Portfolio Management
Fujairah National Construction & Transport CoConstruction and Real Estate2500$450.0MUnited Arab EmiratesSAPSAP S/4 HANA – Project System (PS)Project Portfolio Management
Novartis Corporation (Malaysia) Sdn. Bhd.Life Sciences1500$350.0MMalaysiaSAPSAP S/4 HANA – Project System (PS)Project Portfolio Management
Citigroup Inc.Banking and Financial Services210153$88.84BUnited StatesServiceNowServiceNow PPMProject Portfolio Management
International Business Machines CorporationProfessional Services345900$73.62BUnited StatesServiceNowServiceNow PPMProject Portfolio Management
Exelon CorporationUtilities32340$33.04BUnited StatesServiceNowServiceNow PPMProject Portfolio Management
LafargeHolcimManufacturing67409$23.14BSwitzerlandServiceNowServiceNow PPMProject Portfolio Management
YazakiAutomotive279800$15.70BJapanServiceNowServiceNow PPMProject Portfolio Management
Tiffany & Co.Retail14200$4.00BUnited StatesServiceNowServiceNow PPMProject Portfolio Management
CrossPoint EngineeringManufacturing50$4.0MUnited StatesUpland SoftwareUpland Tenrox PPMProject Portfolio Management
EatonManufacturing92000$17.86BIrelandUpland SoftwareUpland Tenrox PPMProject Portfolio Management
Embarcadero Systems CorporationProfessional Services150$13.0MUnited StatesUpland SoftwareUpland Tenrox PPMProject Portfolio Management

Source: Apps Run The World, December 2021

Further Readings

An expanded version of this report covers the top 50+ Project Portfolio Management Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space.

We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.

More Enterprise Applications Research Findings

Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2020 product revenues.

Their 2020 results are being broken down, sorted and ranked across 16 functional areas(from Analytics to Treasury and Risk Management) and by 21 vertical industries(from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.